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Income Requirements for USDA Home Loans

June 7, 2016 By usdaloan

The USDA income requirements are easy to meet, especially if you are a low to moderate income family. The USDA program works a little differently than other programs in the sense that the less you make, the more eligible you become for their financing. The key is making within 115 percent of the average income for your area while being able to keep your debt ratios no higher than 29 percent on the front-end and 41 percent on the … [Read more...]

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